On October 10, the mine named after Skochinsky, situated near the military zone, put into operation a new long face with 493 thousand tons of coal deposits. “The length of the face is 238 meters, the thickness of the layer is 1.5 meters, and the deposits are estimated at 493 thousand tons. We plan to…

Norilsk Nickel provides an update on the status of the sale of its 50% participation interest in the Nkomati JV. On October 17, 2014 Norilsk Nickel announced that it had entered into a binding agreement for the sale of its African assets to Botswana-based BCL Investments, which was controlled by the government of Botswana. All…

The total volume of titanium products shipped by VSMPO-Avisma this year could keep with 2015 level – 28-29 thousand tons. According to the company general director Mikhail Voevodin, sales structure shifted to exports, but would not affect financial results. “We have lost some 4 thousand tons YoY in Russia, but received 2 thousand tons in…

In January-August Russia decreased the raw nickel output by 10.8% YoY, but increased that of raw cobalt by 71.1%. According to the Federal State Statistics Service, in August raw nickel output dropped by 16.9% YoY but went up by 8.5% MoM, while that of raw cobalt increased 2.4 times YoY and by 8.6% MoM. (Ukrainian…

ArcelorMittal Kriviy Rih plans to stop using natural gas altogether in 2 years replacing it with the pulverized coal mix. On October 12, the Prime Minister Vladimir Groysman participated in the putting into operation of the PCI machine in the blast furnace No. 9 at AMKR. “We’re injecting some 40 tons per hour, that’s around…

In January-August Magnitogorsk Iron and Steel Works trading house in Schelkovo increased its sections sales share in the Central region from 7% to 12%, while the market itself dropped by 2% since the beginning of the year.

But the trading house sales went up by 76% YoY, to 42 thousand tons. (Ukrainian metal)

Zaporizhstal has started using the new exsufflation system of the casting yard at its blast furnace No. 2. According to the company statement, investments totaled 80 million UAH. For the past 4 years Zaporizhstal invested some 5.6 billion UAH into environmental modernization of its manufacture. The major projects this year are the new sintering machine…

In January-September Magadan region mined 22.21 tons of gold and 680.08 tons of silver, up by 9.3% and down by 22.18% YoY respectively. In 2015 Kolyma companies mined 24.5 tons of gold and 1127.5 tons of silver, up by 1.5% and 17.3% YoY respectively. This year the local administration expects gold mining to reach 27…

In January-August Russia exported 28.65 million tons of ferrous metals, up by 3.4% YoY. According to the Federal Customs Service, pig iron exports went up by 3.6%, to 3.39 million tons, that of carbon steel semi-finished products – by 3.8%, to 9.72 million tons, all YoY. In monetary terms ferrous exports fell by 16.6% YoY,…

Machine-building works of Corum Group are loaded at more than 100%. “Our clients are returning to their old investment projects. The underground mining equipment sees the largest demand. This is all due to the increase of demand for and prices of coking coal and the preparation to the heating season”, said the company CEO Yakov…

Metinvest doesn’t see steel prices growing considerably in 2017. “We believe everything will be on this year’s level”, Yuri Ryzhenkov, Metinest CEO, reported. According to him, results of the antidumping investigations by EU will be important for Ukrainian producers. “From the point of view of Ukrainian manufacturers, everything depends on antidumping investigations. If they end…

NLMK Group, an international steel producer with operations in Russia, Europe and the USA, and KAMAZ, Russia’s leading heavy-duty truck manufacturer, have held their first Coordinating Council. At a meeting held in Naberezhnye Chelny, the two companies discussed steel deliveries, as well as the possibility of manufacturing new machinery for NLMK, including with the use…

In 2016 steel consumption in Ukraine is expected to increase by 30% YoY, to 4.4 million tons. In 2015 steel consumption dropped by 21.6% YoY, to 3.3 million tons. In 2017 analysts expect steel consumption to grow by 6% YoY, to 4.6 million tons. Steel consumption in Russia in 2016 will drop by 3.6% YoY,…

The casting shop of Sayanogorsk Aluminum Works (a part of Rusal) has finished modernizing the automated management system of the homogenization line No. 1. The upgraded system makes the line operation more efficient and reliable. “The homogenization line improves the structure of extrusion billets with the help of thermal treatment”, said the SAZ executive director…

Metinvest Group approves of the steps taken by the government to support the industry, but at the same time calls for strategic decision making in settling transparent and understandable rules on the market, including scrap market. According to the group CEO Yuri Ryzhenkov, the decrees on cancellation of 5% import duty on scrap and the…

In January-August Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both a part of Group DF, produced 132.1 thousand tons of 42% ilmenite concentrate. In particular, MGOK produced 99.4 thousand tons, while Valki-Ilmenit yielded 32.7 thousand tons. “The output volumes of both companies correspond to our target figures. We intend to increase output in response to…